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Bombardier reports smaller loss, improved free cash on private jet demand

(Reuters) -Private jet maker Bombardier (OTC:BDRBF) Inc on Thursday reported a smaller second-quarter loss, helped by demand from wealthy travelers and lower interest expenses. Bombardier now expects 2022 free cash.

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Sterling falls as BoE expects recession, U.S. futures up

By Huw Jones LONDON (Reuters) – Sterling fell on Thursday after the Bank of England followed its counterparts in the United States and euro zone with a hefty hike in.

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Beiersdorf posts 10.5% organic sales growth in H1, affirms outlook

BERLIN (Reuters) – Nivea owner Beiersdorf posted 10.5% organic sales growth in the first half of the year, it said on Thursday, affirming its guidance for the full year. First-half.

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Adidas posts 28% decline in Q2 operating profit despite sales increase

BERLIN (Reuters) – Adidas (OTC:ADDYY) on Thursday said operating profit fell by 28% in the second quarter to 392 million euros ($398.43 million), as results suffered from suspending business in.

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Alibaba Shares Rally as Much as 13% Ahead of Q2 Results

By Ambar Warrick Investing.com– Hong Kong-listed shares of e-commerce giant Alibaba Group rallied on Thursday ahead of its quarterly results due later in the day. Alibaba’s stock (HK:9988) opened 13%.

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Russia’s Gazprom to get 50% of Sakhalin-2 LNG project replacement entity -reports

(Reuters) – Gazprom (MCX:GAZP) will receive 50% of a new Russian entity replacing the Sakhalin Energy liquefied natural gas (LNG) project, Russian news agencies reported on Wednesday, citing a government decree. Interfax.

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Rolls-Royce says it is managing inflation and supply chain disruption

LONDON (Reuters) -British aero-engineer Rolls-Royce (OTC:RYCEY) said on Thursday it was managing rising inflation and supply chain disruption, and an improvement in its squeezed profit margin in the second half.

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Toyota Q1 profit tumbles as supply constraints, costs bite

By Satoshi Sugiyama TOKYO (Reuters) -Toyota Motor Corp’s profit slumped a worse-than-expected 42% in its first quarter as the Japanese automaker was squeezed between supply constraints and rising costs. Operating.

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Uber sells 7.8% stake in India’s Zomato for $392 million -sources

By Scott Murdoch and Aditya Kalra HONG KONG/NEW DELHI (Reuters) -Uber Technologies on Wednesday sold its 7.8% stake in Indian food delivery firm Zomato Ltd for $392 million via a.

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Truck maker Volvo Group plans to build battery plant

OSLO (Reuters) – Swedish truck maker Volvo Group plans to establish a large-scale production plant for battery cells, gradually building it up towards 2030 to meet a growing demand for.

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